Registry

CERs may be issued into the national registry accounts of Annex I countries established under the Kyoto Protocol. Non-Annex I countries do not have national registries under the Kyoto Protocol. If a developed country registry able to receive CERs has not been identified when they are issued, CERs may be issued into the CDM Registry before they are forwarded onto a buyer’s registry account. The CDM Registry is an electronic database established and maintained by the CDM Executive Board. The UNFCCC Secretariat is the administrator responsible for implementing and operating the Registry. The purpose of the CDM registry is to ensure the accurate accounting of the issuance, holding, transfer and acquisition of CERs by countries not included in Annex I. It is also connected with the registries of Annex I countries.  

ER Program host countries must select an appropriate arrangement to ensure that any ERs from REDD+ activities under the ER Program are not generated more than once, or that ERs sold and transferred to the Carbon Fund are not used again by any entity for sale, public relations, compliance or any other purpose. The ER Program host country may decide to maintain its own national ER transaction registry or use a centralised ER transaction registry managed by a third party on its behalf. 

The ER Program must also work with the host country to select an appropriate arrangement to avoid having multiple claims to an ER title. This could be through a national REDD+ program and projects data management system, or use of a third party system. Such systems need to track and record the entity that has title to the ERs produced; the geographical boundaries of the ER Program or project; the scope of REDD+ activities and carbon pools; and the reference level used. Information contained in the system should be publicly available, including via the internet and in the national official language of the host country. A third party audit of the operations of the system is carried out periodically, as agreed with the Carbon Fund.

No formal “registry”, per se, is currently in place. However, the Amazon Fund annual report provides a table of “Resources Raised” which includes contributors, amount received, and how that contribution is associated with a quantity of carbon dioxide tons reduced in a specific year.

The Natural Forest Standard Registry is the independently operated tracking platform that ensures transparency, traceability and integrity for all Natural Capital Credits (NCCs) issued to projects verified under the Natural Forest Standard. The Registry enables registered users to receive, transfer and retire NCCs using unique serial number tracking that provides traceability for the lifespan of the credits. The Registry also ensures singularity of issued NCCs through an auditable transaction process and provides links to source project information, to give registry users transparency as to the origin and provenance of all NCCs. 

The Australian National Registry of Emissions Units is an electronic system that tracks the issuance, trade and retirement of emissions units under the carbon price mechanism, the CFI and the Kyoto Protocol.